Financials
Financial year 2025
TG-Elek from Lochristi, company number BE0783993194, closed financial year 2025 with a result of € 49,448 after tax. For that financial year TG-Elek recorded a gross margin of € 231,838 and equity of € 64,848. Compared with financial year 2024, the result moved from € 7,101 to € 49,448. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 64,848
▲ 300% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,448
▲ € 42,347 vs 2024
Profit after tax over the fiscal year.
€ 0
Cash and bank balances on the last day of the fiscal year.
€ 800 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 122,174
▲ € 102,669 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,080
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,879
▲ 85% vs 2024
€ 21,554 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 120,307
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,069
▲ € 23,778 vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 27,804 | € 49,527 | € 231,838 | ▲ € 182,310 |
| Profit after taxes | € 8,699 | € 7,101 | € 49,448 | ▲ € 42,347 |
| Equity | € 9,899 | € 16,200 | € 64,848 | ▲ 300% |
| Total debts | € 112,862 | € 157,675 | € 255,254 | ▲ 62% |
| Cash | € 11,017 | € 0 | € 0 | |
| Land & buildings | € 18,486 | € 17,475 | € 16,463 | ▼ 6% |
| Retained profit | € 7,899 | € 14,200 | € 62,848 | ▲ € 48,648 |
| Dividend | € 800 | € 800 | € 800 | |
| Bank debt | € 46,017 | € 56,139 | € 103,879 | ▲ 85% |
| Balance sheet total | € 122,761 | € 173,875 | € 320,102 | ▲ 84% |
By gross margin, TG-Elek ranks 4th of 40 companies with main activity “Algemene elektrotechnische installatiewerken” in Lochristi that publish figures (fiscal year 2025).
Key figures of TG-Elek, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about TG-Elek the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TG-Elek?
What happened at TG-Elek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,448 (▲ € 42,347 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lochristi. KBO
In short
From € 8,699 profit in 2023 to € 49,448 profit in 2025.
Paid € 27,441 in corporate taxes since 2023.
Best year ever: 2025, with € 49,448 profit.
Paid out € 2,400 in dividends to the owners in total.
Management
Behind TG-Elek is Glenn Tuytschaever.
Directors
According to the 2025 annual accounts
Glenn Tuytschaever
Andere functie
Establishments
Establishment units
Physical locations of this company
Klein Gent 6
9080 Lochristi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lochristi
Same main activity (Algemene elektrotechnische installatiewerken), 46 active companies in Lochristi, largest first.
€ 673,972 gross margin · 2025
€ 396,344 gross margin · 2026
€ 308,650 gross margin · 2025
€ 180,445 gross margin · 2025
€ 141,114 gross margin · 2025
€ 137,507 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- TUYTSCHAEVER Glenn Christiaan Jacky(oprichter) 100%
Details
- Company number
- 0783.993.194
- VAT number
- BE 0783.993.194
- Registered office
- Klein Gent 6, 9080 Lochristi
- Names & denominations
- TG-Elek
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2022
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken
Installatie van industriële machines, toestellen en werktuigen
Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers
Reparatie en onderhoud van consumentenelektronica
Reparatie en onderhoud van elektrische apparatuur